On october 1, 2017, wenn company purchased 800 of the $1,000 face value, 8% bonds of loy, inc., for $936,000, including accrued interest of $16,000. the bonds, which mature on january 1, 2024, pay interest semiannually on january 1 and july 1. wenn used the straight-line method of amortization and appropriately recorded the bonds as available-for-sale. on wenn's december 31, 2018 balance sheet, the carrying value of the bonds is

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400

Which of the following would be an accurate statement about achieving a balanced budget